Licksman Accounting Services is a company that specializes in the provision of highly dependable professional services ranging from accounting, tax and auditing services. It was established in the work of an escalation of lack of financial reporting, global economic crisis and the need for good corporate governance.
Licksman is an accounting firm that provides accounting, tax and auditing services to small to medium business entities. This company is currently located in Randfontein.
The company is now becoming a brand on its own since it has started operating in 2009. Licksman Accounting Services is also SMME company and it is 100% black-owned by the founder Luyolo Ngqongwa.
Licksman Accounting Services is an innovative provider of accounting and auditing services that offers unparalleled quality. We value integrity and respect our relationships with our clients and suppliers.
Be the most trusted accounting firm on the African Continent
Accounting is often called the "language of business" because it deals with interpreting and communicating information about a company's operations and finances.
Accounting is extremely important to any company because the financial information, as interpreted by CAs, allows executives to make informed business decisions-decisions that help those companies become more successful.
Economic events are measured and described by accounting. Everyone works with and uses accounting ideas, whether they're managing a business, investing money, or just deciding how to spend their paycheck.
In business, accounting links the past with the future. It provides decision-makers information about recent financial activity, as well as information and recommendations useful for forecasting future events.
Turnover tax is a simplified tax system for small businesses with a qualifying turnover of not more than R1 million per annum.
It is a tax based on the taxable turnover of a business and is available to sole proprietors (individuals), partnerships, close corporations, companies and co-operatives.
Turnover tax takes the place of VAT (in the instance that you have not decided to elect back into the VAT system), provisional tax, income tax, capital gains tax, secondary tax on companies (STC) and dividends tax.
So qualifying businesses pay a single tax instead of various other taxes. It's elective so you choose whether to participate.
We offer the following services...
- Accounting services
- Auditing Services
- Taxation Services
- Other Services Such As Company Registration Processes